DHT Stock Gaps Down On Today's Open (DHT)

NEW YORK ( TheStreet) -- Shares of DHT Holdings (NYSE: DHT) were gapping down Tuesday morning with an open price 24.3% lower than Monday's closing price. The stock closed at $1.48 Monday and opened today's trading at $1.12.

The average volume for DHT has been 793,500 shares per day over the past 30 days. DHT has a market cap of $52.2 million and is part of the services sector and transportation industry. Shares are up 100% year to date as of the close of trading on Monday.

DHT Holdings, Inc., through its subsidiary, DHT Maritime, Inc., owns and operates a fleet of double-hull crude oil tankers.

TheStreet Ratings rates DHT as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally weak debt management, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full DHT Ratings Report.

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